Safety Evolution

Safety Evolution

safetyevolution.com ↗·Canada·Updated Dec 8, 2022

SaaS safety management software for oil and gas service and construction contractors (500–1,000 employee range), digitizing compliance, training verification, and field safety documentation.

SaaSHealth

Est. Valuation

$3.2M

$3,240,000 · 5× ARR estimate

Monthly Revenue (MRR)

$54K

$54,000/mo

Annual Revenue (ARR)

$648K

$648,000/yr

Employees

11

Safety Evolution Revenue History

Revenue history for Safety Evolution from 2022 to 2026.

YearMRRARRYoY GrowthSource
2022$54,000$650,000—Dec 2022

How Safety Evolution Makes Money

subscriptions

Safety Evolution Funding

Safety Evolution is fully bootstrapped with no outside funding. The company has grown to $648,000 ARR organically.

Safety Evolution Founders

David Brennan

CEO & Co-founder

Wade

Co-founder

Safety Evolution FAQ

How much does Safety Evolution make?
Safety Evolution generates $54,000 in monthly recurring revenue (MRR), which is $648,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Safety Evolution's valuation?
Safety Evolution's estimated valuation is $3,240,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Safety Evolution?
Safety Evolution was founded by David Brennan (CEO & Co-founder), Wade (Co-founder). The company is based in CA.
Is Safety Evolution bootstrapped?
Yes, Safety Evolution is fully bootstrapped with no outside funding. The company has grown to $648,000 ARR organically.
What does Safety Evolution do?
SaaS safety management software for oil and gas service and construction contractors (500–1,000 employee range), digitizing compliance, training verification, and field safety documentation. Safety Evolution operates in the SaaS, Health space.

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How We Estimate Safety Evolution's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.